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Meta misses earnings forecasts after Zuckerberg media push to promote AI

Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AI

FTSE 100 hits record high despite AI sell-off

Strong corporate results buoy market as investors move money away from tech and semiconductor stocks

Rogue OpenAI agent that hacked startup tried to attack other firms

ChatGPT developer says activity by autonomous tool was not at severity or scale of what occurred at Hugging Face

Datacentre projects face fees for grid access to ease connection queue, Ofgem says

Energy regulator’s plan would mean upfront fees or financial security via letters of credit, bonds or cash deposits

Apple becomes second $5tn company as investors flee AI stocks

Share price rally driven by strong product demand as well as decision to sit out AI spending race, amid wider tech sell-off

South Korean stock market at three-month low as AI sell-off intensifies

Samsung and SK Hynix fall by more than 10% amid renewed fears over AI spending and Chinese competition

Boss of startup hacked by rogue OpenAI agent urges ‘radical transparency’ in investigation

Artificial intelligence firm should provide $100m for cyber defences, says Hugging Face CEO

Gary Stevenson to quit YouTube channel, citing health concerns

Former City trader’s weekly Gary’s Economics videos took off during the Covid pandemic

Corporate America may be using AI to cut jobs, but small businesses are using it to keep them

Reports of wide-scale replacement of workers by AI are overblown. Small businesses use it to help workers

The AI jobs apocalypse probably isn’t coming anytime soon

Artificial intelligence may not deliver on its promise of vast economic opportunity at a price that humanity is willing to pay

Tesla stock suffers double-digit drop on carmaker’s worst day in years

Elon Musk’s EV company lost a quarter of its value this year amid weak profits and high spending on AI and robotics

Customers prefer AI chatbots, says British Gas owner as 1,300 call centre and back office jobs axed

CEO Chris O’Shea defends Centrica’s plans as it reports rise in retail profits following focus on bigger margins

Carmakers lobbied UK to revoke ban on petrol and diesel cars after 2035

BMW, Ford, Nissan and Toyota, plus parts maker Bosch, wrote joint letter to ministers in April

Tesla’s profits slide despite growing revenue as it pivots to robotics and AI

Shares in Elon Musk company fall more 3% in after-hours trading, as earnings per share miss Wall Street expectations

Google reports 12th consecutive quarter of strong revenue gains

Better-than-expected results of $120bn came despite delays in release of powerful AI model Gemini Pro

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  • UK employment market shows ‘rays of light’ for jobseekers with upturn in pay, study shows – business live
  • Hastings Direct’s failures forced my family out of our home
  • UK manufacturers face rising hacking risk as survey shows 30% were hit last year
  • Cut £175 from energy bills for low-income homes, says thinktank
  • Burnham vows crackdown on ‘rip-off’ business practices to ease cost of living
  • London mayor orders council to drop plan to ban new pubs and bars in Soho and West End
  • Chinese EV sales surge to new high in Europe putting tariffs under scrutiny
  • Readers reply: What do you wish you could buy in vending machines?
  • Britain is paying the price for failing to invest in its young people
  • Andy Burnham to tour Britain in effort to reconnect government with public
  • AI push is putting banks at mercy of tech firms, warns Moody’s
  • ‘Like being in prison’: the ship crews stuck in Gulf since February
  • Sweet, soft and playful: TikTok turns Japanese milk bread into UK’s latest food craze
  • DPD temporary workers may have missed out on sick pay and pensions, internal documents show
  • Hospitality recruitment app Supp calls gig-workers contractors. Some users say it leads to casual work without entitlements
  • Private pensions are a publicly subsidised gift to the wealthy
  • Bar fight: Hugo cocktail takes aim at Aperol in UK summer of spritz
  • Can Harvey Nichols find its way back to being Absolutely Fabulous again?
  • ‘The market is dead’: why aren’t flats in England selling?
  • Union calls for robust review of OBR over fears it holds back economic growth
  • Greenland issues ‘strong warning’ as Trump-linked oil firm prepares to drill
  • Wasted medicine in England could fill 75 swimming pools a year, pharmacy group says
  • Trump renews bid to fire Fed governor Lisa Cook despite supreme court ruling
  • In the Black review – rewarding drama about the Faustian pact of big business
  • US economy lost 23,000 jobs in July in surprise blow to Trump – as it happened
  • US unexpectedly lost 23,000 jobs in July as slump in growth continues
  • US airfares expected to stay high even if Iran ceasefire drops oil prices, experts say
  • Global food prices at three-year high as heatwaves and wars push up crop costs
  • Boeing 737 Max operators told to check fuselages for cracks
  • Rail passengers face second day of disruption across north-west England

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